Stephens Inc. AR Grows Stock Position in Builders FirstSource, Inc. $BLDR

Stephens Inc. AR boosted its position in Builders FirstSource, Inc. (NYSE:BLDR) by 3.1% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,032 shares of the company’s stock after buying an additional 90 shares during the quarter. Stephens Inc. AR’s holdings in Builders FirstSource were worth $354,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also bought and sold shares of BLDR. IMA Advisory Services Inc. purchased a new stake in Builders FirstSource in the first quarter worth $31,000. Mather Group LLC. grew its position in shares of Builders FirstSource by 19.7% in the first quarter. Mather Group LLC. now owns 595 shares of the company’s stock valued at $74,000 after purchasing an additional 98 shares in the last quarter. Smartleaf Asset Management LLC grew its position in shares of Builders FirstSource by 21.0% in the first quarter. Smartleaf Asset Management LLC now owns 627 shares of the company’s stock valued at $78,000 after purchasing an additional 109 shares in the last quarter. New Age Alpha Advisors LLC grew its position in shares of Builders FirstSource by 22.8% in the first quarter. New Age Alpha Advisors LLC now owns 640 shares of the company’s stock valued at $80,000 after purchasing an additional 119 shares in the last quarter. Finally, Brooklyn Investment Group grew its position in shares of Builders FirstSource by 363.9% in the first quarter. Brooklyn Investment Group now owns 719 shares of the company’s stock valued at $90,000 after purchasing an additional 564 shares in the last quarter. 95.53% of the stock is owned by hedge funds and other institutional investors.

Builders FirstSource Price Performance

Builders FirstSource stock opened at $124.07 on Monday. Builders FirstSource, Inc. has a 52 week low of $102.60 and a 52 week high of $194.36. The business has a 50-day simple moving average of $131.35 and a 200 day simple moving average of $124.25. The company has a quick ratio of 1.08, a current ratio of 1.79 and a debt-to-equity ratio of 1.12. The stock has a market cap of $13.72 billion, a price-to-earnings ratio of 18.83, a PEG ratio of 13.89 and a beta of 1.62.

Builders FirstSource (NYSE:BLDR) last posted its earnings results on Thursday, July 31st. The company reported $2.38 EPS for the quarter, topping the consensus estimate of $2.35 by $0.03. Builders FirstSource had a return on equity of 24.61% and a net margin of 4.74%.The business had revenue of $4.23 billion during the quarter, compared to analysts’ expectations of $4.29 billion. During the same period in the previous year, the business earned $3.50 earnings per share. The firm’s revenue was down 5.0% on a year-over-year basis. Builders FirstSource has set its FY 2025 guidance at EPS. On average, research analysts forecast that Builders FirstSource, Inc. will post 11.59 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on BLDR shares. Robert W. Baird cut Builders FirstSource from an “outperform” rating to a “neutral” rating and reduced their price target for the company from $145.00 to $130.00 in a research report on Friday, August 1st. KeyCorp set a $145.00 price target on Builders FirstSource in a research report on Wednesday, October 1st. Vertical Research started coverage on Builders FirstSource in a research report on Monday, October 20th. They issued a “sell” rating and a $109.41 price target for the company. Zelman & Associates reiterated an “underperform” rating on shares of Builders FirstSource in a research report on Friday, July 18th. Finally, Wall Street Zen upgraded Builders FirstSource from a “sell” rating to a “hold” rating in a research report on Saturday, August 30th. Ten investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $145.19.

Builders FirstSource Profile

Builders FirstSource, Inc, together with its subsidiaries, manufactures and supplies building materials, manufactured components, and construction services to professional homebuilders, sub-contractors, remodelers, and consumers in the United States. It offers lumber and lumber sheet goods comprising dimensional lumber, plywood, and oriented strand board products that are used in on-site house framing; manufactured products, such as wood floor and roof trusses, floor trusses, wall panels, stairs, and engineered wood products; and windows, and interior and exterior door units, as well as interior trims and custom products comprising intricate mouldings, stair parts, and columns under the Synboard brand name.